Common use of Health Benefit Plan Clause in Contracts

Health Benefit Plan. All employees will be provided access to their plan booklet outlining their insurance benefits. The Association will be provided with a hardcopy of the plan booklet benefits by November 1st of each school year. The NSSEO/NSSEA Insurance Committee will research and make recommendations for an additional reduced cost PPO 1 healthcare plan to be implemented in FY24. The new PPO Plan premiums must be at least 6% less than the current PPO plan. The Board shall provide individual hospitalization/major medical insurance for each employee and the employee shall contribute the following monthly amounts for the plan and school year indicated below: School Year HMO PPO1 PPO2 2022-23 $69.48 N/A $75.85 2023-24 $40 $60 $100 2024-25 $40 $70 $150 2025-26 $40 $80 $200 In addition, the Board shall provide dependent coverage at a monthly cost to the employee based on the percentage of the difference between individual and family coverage according to the percentage for the plan and school year indicated below: School Year HMO PPO 1 PPO 2 2022-23 60% N/A 60% 2023-24 50% 60% 60% 2024-25 50% 60% 65% 2025-26 50% 60% 65% In addition, if the premium increase for a plan increases more than 6% for a given school year, the Board and the employee will split equally the increase exceeding 6%.

Appears in 1 contract

Samples: Contract Agreement

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Health Benefit Plan. All employees will be provided access to their plan booklet outlining their insurance benefits. The Association will be provided with a hardcopy of the plan booklet benefits by November 1st of each school year. The NSSEO/NSSEA Insurance Committee will research and make recommendations for an additional reduced cost PPO 1 healthcare plan to be implemented in FY24. The new PPO Plan premiums must be at least six percent (6% %) less than the current PPO plan. The Board shall provide individual hospitalization/major medical insurance for each employee and the employee shall contribute the following monthly amounts for the plan and school year indicated below: School Year HMO PPO1 PPO2 2022-23 $69.48 36.98 N/A $75.85 38.35 2023-24 $40 10 $20 $60 $100 2024-25 $40 10 $70 25 $150 80 2025-26 $40 10 $80 30 $200 100 In addition, the Board shall provide dependent coverage at a monthly cost to the employee based on the percentage of the difference between individual and family coverage according to the percentage for the plan and school year indicated below: . School Year HMO PPO 1 PPO 2 PPO1 PPO2 2022-23 60% N/A 60% 2023-24 50% 60% 60% 2024-25 50% 60% 65% 2025-26 50% 60% 65% In addition, if the premium increase for a plan increases more than six percent (6% %) for a given school year, the Board and the employee will split equally the increase exceeding six percent (6%).

Appears in 1 contract

Samples: Contract Agreement

Health Benefit Plan. All employees will be provided access to their plan booklet outlining their insurance benefits. The Association will be provided with a hardcopy of the plan booklet benefits by November 1st of each school year. The NSSEO/NSSEA Insurance Committee will research and make recommendations for an additional reduced cost PPO 1 healthcare plan to be implemented in FY24. The new PPO Plan premiums must be at least six percent (6% %) less than the current PPO plan. The Board shall provide individual hospitalization/major medical insurance for each employee and the employee shall contribute the following monthly amounts for the plan and school year indicated below: School Year HMO PPO1 PPO2 2022XXX0 XXX0 0000-23 00 $69.48 36.98 N/A $75.85 38.35 2023-24 $40 10 $20 $60 $100 2024-25 $40 10 $70 25 $150 80 2025-26 $40 10 $80 30 $200 100 In addition, the Board shall provide dependent coverage at a monthly cost to the employee based on the percentage of the difference between individual and family coverage according to the percentage for the plan and school year indicated below: . School Year HMO PPO 1 PPO 2 2022XXX0 XXX0 0000-23 00 60% N/A 60% 2023-24 50% 60% 60% 2024-25 50% 60% 65% 2025-26 50% 60% 65% In addition, if the premium increase for a plan increases more than six percent (6% %) for a given school year, the Board and the employee will split equally the increase exceeding six percent (6%).

Appears in 1 contract

Samples: Contract Agreement

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Health Benefit Plan. All employees will be provided access to their plan booklet outlining their insurance benefits. The Association will be provided with a hardcopy of the plan booklet benefits by November 1st of each school year. The NSSEO/NSSEA Insurance Committee will research and make recommendations for an additional reduced cost PPO 1 healthcare plan to be implemented in FY24. The new PPO Plan premiums must be at least 6% less than the current PPO plan. The Board shall provide individual hospitalization/major medical insurance for each employee and the employee shall contribute the following monthly amounts for the plan and school year indicated below: School Year HMO PPO1 PPO2 2022XXX0 XXX0 0000-23 00 $69.48 N/A $75.85 2023-24 $40 $60 $100 2024-25 $40 $70 $150 2025-26 $40 $80 $200 In addition, the Board shall provide dependent coverage at a monthly cost to the employee based on the percentage of the difference between individual and family coverage according to the percentage for the plan and school year indicated below: School Year HMO PPO 1 PPO 2 2022-23 60% N/A 60% 2023-24 50% 60% 60% 2024-25 50% 60% 65% 2025-26 50% 60% 65% In addition, if the premium increase for a plan increases more than 6% for a given school year, the Board and the employee will split equally the increase exceeding 6%.

Appears in 1 contract

Samples: Contract Agreement

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